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Bad hair day? Blame climate change - The Economic Times

The Economic Times · last updated

Bad hair day? Blame climate change - The Economic Times

stock markets to that boil on a delicate part of your body is all the fault of

climate change. Gone are the days when we simply forgot to water the plants, or left the car windows down during a rainstorm. Now, every wilted flower and damp car seat is a sign of the impending climate apocalypse. The sanctum sanctorum of a much-heralded new

temple is found to have a leaky roof? Climate change. Traffic jam? Climate change. Boss gave you the buri nazar? Climate change. Reduced mandate from the people? Climate change. Cold coffee too warm, hot coffee too cold? You guessed it - climate change. It's the new and much more genteel version of '

Nehru is to

blame'.

This is not to peddle

global warming denial. Climate change is real. Just that culturally we are now attuned to the overuse of the term. And unlike 'The dog ate my homework', who won't believe you that the girl dumped you because of your 'carbon footprint', not BO. When a chief priest of a temple expressed his concern about a leak during heavy rains by saying, 'It's very surprising that despite having numerous engineers on board, water is leaking from the roof. Nobody would've thought this would happen,' he forgot to cite the root cause of the problem: no, not the lack of drainage but the climate-induced rains themselves.

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Related Knowledge Center: Climate economics

State of Play

Climate change is now a driver of the world’s economy. The impact is profound:

  • Catastrophic weather events — hurricanes, floods, droughts, high temperatures — are more frequent and more extreme. The cost can be measured in both the initial damage caused and the longer-term impact on the economy.
  • Vulnerable communities are increasing climate-related investments, hardening infrastructure and taking other protective measures.
  • Investment in carbon capture and storage technologies is increasingly rapidly.
  • Governments are making investments and crafting regulations to reduce emissions of carbon dioxide and other greenhouse gases. 

On top of all of this is the cost of uncertainty. As the Fourth National Climate Assessment, released in 2018 by the U.S. Global Change Research Program, says, “The assumption that current and future climate conditions will resemble the recent past is no longer valid.”

More informationabout Climate economics